Funds

Driehaus Global Fund

The Fund invests in global securities of all capitalizations, with a focus on larger cap securities. The Fund provides investors with exposure to companies demonstrating improving earnings growth that are supported by global macroeconomic trends.


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Month-End Performance as of Mar 31, 2024

DMAGX
Has Footnotes

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DMAGX

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

MTH
3.89%
YTD
14.09%
1 Year
28.90%
3 Year
3.32%
5 Year
9.74%
10 Year
n/a
Since Inception
9.05%

MSCI All Country World Index USD
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MSCI All Country World Index USD

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

MTH
3.14%
YTD
8.20%
1 Year
23.22%
3 Year
6.96%
5 Year
10.92%
10 Year
n/a
Since Inception
10.32%
Has FootnotesFund/BenchmarkMTHYTD1 Year3 Year5 Year10 YearSince Inception
DMAGX3.89%14.09%28.90%3.32%9.74%n/a9.05%

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

MSCI All Country World Index USD*3.14%8.20%23.22%6.96%10.92%n/a10.32%

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

Calendar Quarter-End Performance as of Mar 31, 2024

DMAGX
Has Footnotes

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Driehaus Global Fund***

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

QTR
14.09%
YTD
14.09%
1 Year
28.90%
3 Year
3.32%
5 Year
9.74%
10 Year
n/a
Since Inception
9.05%

MSCI All Country World Index USD
Has Footnotes

Back

MSCI All Country World Index USD

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

QTR
8.20%
YTD
8.20%
1 Year
23.22%
3 Year
6.96%
5 Year
10.92%
10 Year
n/a
Since Inception
10.32%
Has FootnotesFund/BenchmarkQTRYTD1 Year3 Year5 Year10 YearSince Inception
DMAGX14.09%14.09%28.90%3.32%9.74%n/a9.05%

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

MSCI All Country World Index USD*8.20%8.20%23.22%6.96%10.92%n/a10.32%

Inception Date: 4/10/2017

The Since Inception return represents average annual total returns.

Sources: Driehaus Capital Management LLC, Morgan Stanley Capital International Inc., SS&C Inc.

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Disclosures

Effective April 30, 2023, the Fund changed its investment strategy from an emerging markets opportunities long-short strategy to a global core equity strategy. In connection with the change in investment strategy, the Fund changed its name from Driehaus Emerging Markets Opportunities Fund to Driehaus Global Fund. Performance information for the period prior to April 30, 2023 reflects different investment strategies than the current investment strategy. Also effective April 30, 2023, the MSCI ACWI Index-Net replaced the MSCI Emerging Market Index-Net as the Fund’s primary benchmark in connection with the change in the Fund’s investment strategy.

The performance data shown represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Principal value and investment returns will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. Performance data represents the rate that an investor would have earned (or lost) on an investment in the Fund (assuming reinvestment of all dividends and distributions). Average annual total return reflects annualized change. Since Fund performance is subject to change after the month-end, please call (800) 560-6111 or view our daily NAVs for more current performance information.

Please consider the investment objectives, risks, fees and expenses of the Fund carefully prior to investing. The prospectus and summary prospectus contain this and other important information about the Fund. To obtain a copy of the prospectus/summary prospectus, please call (800) 560-6111. Please read the prospectus and summary prospectus carefully before investing.

Foreside Financial Services, LLC, Distributor

Represents the Annual Fund Operating Expenses as disclosed in the current prospectus dated April 30, 2023. It is important to understand that a decline in the Fund’s average net assets due to unprecedented market volatility or other factors could cause the Fund’s expense ratio for the current fiscal year to be higher than the expense information presented. A shareholder may be required to pay a commission to their financial intermediary. Driehaus Capital Management LLC, the Fund’s investment adviser (the “Adviser”), has entered into a contractual agreement to cap the Fund’s current ordinary annual operating expenses (excluding interest, taxes, brokerage commissions, other investment-related expenses, acquired fund fees and expenses,and extraordinary expenses, such as litigation and other expenses not incurred in the ordinary course of the Fund’s business), resulting in the current net expense ratio of 0.76% until the earlier of the termination of the investment advisory agreement, by the Board of Trustees or the Fund’s shareholders, or April 30, 2024. Pursuant to the agreement, and so long as the investment advisory agreement is in place, for a period not to exceed three years from the date on which the waiver or reimbursement is made, the Adviser is entitled to reimbursement for previously waived fees and reimbursed expenses to the extent that the Fund’s expense ratio remains below the operating expense cap that was in place at the time of the waiver / expense reimbursement as well as the current operating expense cap. Because of this agreement, the Fund may pay the investment adviser less than the contractual management fee.

* To view the Index definitions, see the Index Definitions.

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Daily Nav
$14.41
As of Apr 19, 2024
Ticker
DMAGX

Facts

Inception Date
Apr 10, 2017
Fund Assets as of 03/31/24
$58M
Minimum Initial Investment
$10,000
Minimum Subsequent Investment
$2,000
Minimum IRA Investment
$2,000
Minimum Subsequent Investment
$500
Dividends & Distributions
Annually
Gross Expense Ratio
1.12%
Net Expense Ratio
0.76%
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Top 5 Holdings As of 02/29/24

Holdings Subject to Change
Microsoft Corporation
4.88%
NVIDIA Corporation
3.65%
Meta Platforms Inc Class A
3.32%
Exxon Mobil Corporation
3.31%
Rolls-Royce Holdings plc
2.26%

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